Individual tax returns
Preparation and lodgement of individual income tax returns, including salary and wages, interest, dividends, private health insurance information and common tax offsets. We can also assist with outstanding prior-year returns.
Tax services
Taxminds assists individuals, investors, sole traders and small businesses with Australian tax compliance and related tax advice. The exact scope and fee are confirmed before work begins.
Preparation and lodgement of individual income tax returns, including salary and wages, interest, dividends, private health insurance information and common tax offsets. We can also assist with outstanding prior-year returns.
Review of substantiated work-related expenses such as working from home, vehicle use, travel, uniforms, tools, professional subscriptions and self-education. Claims are considered against your occupation, records and current tax requirements.
Rental property schedules covering rent, agent fees, interest, council and water charges, strata costs, insurance, repairs and eligible depreciation information. Capital and private costs are identified separately.
Tax treatment of foreign rental income, employment or investment income, foreign tax paid and relevant foreign assets. Foreign currency conversion and residency considerations may require additional review.
Income tax returns for ABN holders, contractors, consultants and gig-economy workers, including business income and deductions, depreciation, private-use adjustments and PAYG instalment considerations.
Capital-gains calculations for shares, managed investments, cryptocurrency and property. We review acquisition and disposal records, incidental costs, ownership periods, capital losses and potential discount eligibility.
Income tax returns and related schedules for eligible companies, trusts and partnerships. The engagement scope depends on the completeness of accounting records and the entity’s transactions and obligations.
Preparation and lodgement of business activity statements based on complete records supplied by the client, including GST and PAYG instalment reporting. Registrations, corrections and unusual transactions are separately scoped.
Practical advice on specific Australian tax questions, proposed transactions, record-keeping and compliance issues. Advice is limited to the agreed facts and scope and may require separate specialist input for complex matters.
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